• Research
  • Emissary
  • About
  • Experts
Carnegie Global logoCarnegie lettermark logo
DemocracyIran
  • Donate
{
  "authors": [
    "Michael Kofman",
    "Alexandra Prokopenko"
  ],
  "type": "legacyinthemedia",
  "centerAffiliationAll": "dc",
  "centers": [
    "Carnegie Endowment for International Peace",
    "Carnegie Russia Eurasia Center"
  ],
  "collections": [],
  "englishNewsletterAll": "ctw",
  "nonEnglishNewsletterAll": "",
  "primaryCenter": "Carnegie Russia Eurasia Center",
  "programAffiliation": "russia",
  "programs": [
    "Russia and Eurasia"
  ],
  "projects": [
    "The Return of Global Russia: A Reassessment of the Kremlin’s International Agenda",
    "Ukraine Initiative"
  ],
  "regions": [
    "Russia",
    "Ukraine",
    "North America"
  ],
  "topics": [
    "Economy"
  ]
}

Source: Getty

In The Media
Carnegie Russia Eurasia Center

Russia’s Wartime Economy

Michael Kofman sat down with Alexandra Prokopenko to discuss the impact of Western sanctions on the Russian economy, the challenges the Russian central bank has to manage inflation, and what that means for the Russo-Ukrainian war.

Link Copied
By Michael Kofman and Alexandra Prokopenko
Published on Jan 16, 2024
Program mobile hero image

Program

Russia and Eurasia

The Russia and Eurasia Program continues Carnegie’s long tradition of independent research on major political, societal, and security trends in and U.S. policy toward a region that has been upended by Russia’s war against Ukraine.  Leaders regularly turn to our work for clear-eyed, relevant analyses on the region to inform their policy decisions.

Learn More
Project hero Image

Project

The Return of Global Russia: A Reassessment of the Kremlin’s International Agenda

The Kremlin’s activist foreign policy is expanding Russian global influence at a time when the United States and other Western countries are increasingly divided or consumed by domestic problems.  The Return of Global Russia project will examine the Kremlin’s ambitions to become a player in far-flung parts of the world where its influence has long been written off, the tools it is relying upon to challenge the liberal international order, and practical Western policy options for how and when to respond to this new challenge.

Learn More
Project hero Image

Project

Ukraine Initiative

The United States and its allies and partners need a sustainable, long-term policy framework to defeat Russia’s aggression and help ensure a future for Ukraine as a resilient democracy anchored firmly in Europe. Carnegie has launched a multiyear initiative that will contribute policy and analytical heft to these efforts, in partnership with Ukrainian scholars.

Learn More

About the Authors

Michael Kofman

Senior Fellow, Russia and Eurasia Program

Michael Kofman is a senior fellow in the Russia and Eurasia Program at the Carnegie Endowment for International Peace, where he focuses on the Russian military, Ukrainian armed forces, and Eurasian security issues.

Alexandra Prokopenko

Senior Fellow, Carnegie Russia Eurasia Center

Alexandra Prokopenko is a senior fellow at the Carnegie Russia Eurasia Center.

Authors

Michael Kofman
Senior Fellow, Russia and Eurasia Program
Michael Kofman
Alexandra Prokopenko
Senior Fellow, Carnegie Russia Eurasia Center
Alexandra Prokopenko
EconomyRussiaUkraineNorth America

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

More Work from Carnegie Endowment for International Peace

  • Commentary
    Carnegie Politika
    International Demand for Russia’s Arctic Shipping Route Is Unlikely to Last

    Cargo traffic through Russia’s Northern Sea Route has increased because of the disruption caused by the conflict in the Middle East, the Ukraine war, and U.S.-China tensions.

      • Mikhail Korostikov

      Mikhail Korostikov

  • Commentary
    Strategic Europe
    How Le Pen Benefits from the Stalemate in Ukraine

    The domestic impacts of how long it is taking to end the war in Ukraine have pushed the French electorate to the political extremes and compromised the country’s diplomatic capacity.

      • Rym Momtaz

      Rym Momtaz

  • Commentary
    Carnegie Politika
    How the Kremlin Achieved Its Latest Implausible Election Results

    Sergei Kiriyenko used Russia’s parliamentary vote to further hone his strategy of corporate mobilization that is designed to maximize votes for United Russia.  

      Andrey Pertsev

  • Commentary
    China Financial Markets
    The Plaza Accord and Its Relevance for China

    The Plaza Accord was not an externally imposed punishment of Japan but part of a broader restructuring that Japanese economists and policymakers themselves recognized was necessary. Its effects were undermined, however, when Tokyo responded to the resulting slowdown with policies that exacerbated investment, credit expansion, and the very imbalances the adjustment was intended to resolve.

      Michael Pettis

  • Ukraine Poland Zelensky Tusk Enlargement EU
    Commentary
    Strategic Europe
    The Uncomfortable Truth About EU Enlargement

    Before the next wave of EU enlargement takes place, the union needs to grapple with thorny questions of how power is distributed among its members.

      • Ditte Brasso Sørensen

      Emil Sondaj Hansen, Ditte Brasso Sørensen

Get more news and analysis from
Carnegie Endowment for International Peace
Carnegie global logo, stacked
1779 Massachusetts Avenue NWWashington, DC, 20036-2103Phone: 202 483 7600
  • Research
  • Emissary
  • About
  • Experts
  • Donate
  • Programs
  • Events
  • Blogs
  • Podcasts
  • Contact
  • Annual Reports
  • Careers
  • Privacy
  • For Media
  • Government Resources
Get more news and analysis from
Carnegie Endowment for International Peace
© 2026 Carnegie Endowment for International Peace. All rights reserved.